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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and equivalents $ 99 $ 96
Accounts and notes receivable, net 1,143 1,103
Prepaid expenses 79 77
Other 25 30
Assets held for sale 78 78
Assets, current, total 1,424 1,384
Property and equipment, net 1,042 1,029
Intangible assets    
Contract acquisition costs and other 1,468 1,451
Goodwill 946 943
Goodwill and intangible assets, net, total 2,414 2,394
Equity and cost method investments 169 165
Notes receivable, net 218 215
Deferred taxes, net 620 672
Other noncurrent assets 234 223
Total assets 6,121 6,082
Current liabilities    
Current portion of long-term debt 300 300
Accounts payable 597 593
Accrued payroll and benefits 779 861
Liability for guest loyalty programs 1,013 952
Accrued expenses and other 558 527
Liabilities, current, total 3,247 3,233
Long-term debt 3,859 3,807
Liability for guest loyalty programs 1,641 1,622
Other noncurrent liabilities 1,041 1,010
Shareholders’ deficit    
Class A Common Stock 5 5
Additional paid-in-capital 2,751 2,821
Retained earnings 5,025 4,878
Treasury stock, at cost (11,271) (11,098)
Accumulated other comprehensive loss (177) (196)
Stockholders' deficit attributable to parent (3,667) (3,590)
Liabilities and deficit, total $ 6,121 $ 6,082